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Showing 141 - 150 of 556 results for "Switch 2"

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
After four years of offering its MySuper option as a lifecycle product, Tasplan plans to switch back to single strategy citing higher costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
Hostplus has terminated an Australian equities mandate with a Franklin Templeton subsidiary. Balanced Equity Management is a wholly owned subsidiary of Franklin Templeton Investments Australia with approximately $8 billion in funds under management. ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
A personal finance management app provider has been hit by several forces such as COVID-19, forcing it out of the Australian market. Moneytree will discontinue services in Australia from 15 January 2021. Moneytree LINK, a financial data platform for ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
Commonwealth Bank's lucrative Dollarmites program has taken another blow as Victorian schools have banned such programs in favour of financial lessons. Dollarmites came under fire in 2018 when ASIC began a review into school banking programs. In its ...

Industry fund introduces tax incentive

KARREN VERGARA  |  TUESDAY, 17 NOV 2020
A profit-for-member super fund is providing a tax rebate for members who choose an account-based pension. Intrust Super's introduction of the Pension Transfer Bonus (PTB) is aiming to help members increase their retirement balances if they choose ...

Climate change reporting is cheap talk: Research

KARREN VERGARA  |  MONDAY, 16 NOV 2020
New research suggests that many companies engage in "cheap talk" and are ultimately greenwashing as a result of reporting poor quality emissions data. The University of Augsberg research paper, co-authored by Research Affiliates' Vitali Kalesnik ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Evans and Partners is seeking the nod from shareholders to convert its LITs to open-ended funds and to switch to Perpetual as responsible entity. The largest of these is the $279 million Evans & Partners Global Disruption Fund (EGD), followed by the ...

ASX delays CHESS replacement again

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Australian Stock Exchange has pushed back the CHESS replacement date by another year to April 2023. The ASX announced it has increased the scope of the project as a result of COVID-19 following industry consultation. Many stakeholders the ASX consulted ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
Liberal MP Tim Wilson has accused executives at super funds of switching options during recent market volatility, in behaviour he likened to insider trading. During questioning of ASIC and APRA at the Standing Committee on Economics, Wilson suggested ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
The government's proposed reform to MySuper products, which will involve naming and shaming underperforming MySuper products, could actually end up hurting fund performance, according to some critics. Advance Human Solutions managing director Alexandra ...